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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Augustus Gloop who wrote (47723)8/3/2000 12:59:19 PM
From: The Phoenix  Read Replies (2) of 63513
 
I disagree 100% and am puzzled by the continued talk of such on this thread.

Vomit selling, capitulation? If this is what everyone is expecting you'll have to wait for 2700-2800...maybe even lower.

Those with weak hands and those that capitulated are out of the market and have been since we were at 3100. These folks did not re-enter and if they did do you honestly think they're going to make the same mistake (selling low) again?
No, I suspect the market volatility is a given now and that capitulation will take huge swings to occur. Capitulation at anything over 3000 simply wont occur.

OG
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